What's the Latest Situation in Gold and Dollar? May 27, 2022 - Coinleaks
Current Date:September 21, 2024

What’s the Latest Situation in Gold and Dollar? May 27, 2022

Gold prices started the last trading day of the week calmly. Before the weekend, investors are wondering in which direction the gram gold, which is at the level of 975 TL, and the ounce of gold, which is traded at the level of 1854, will move during the day. After the Fed meeting minutes published the previous evening, there was a slight decrease in ounce. As it is known, the US 10-year bond yields recovered due to hawkish messages in the minutes. With the rise in the dollar index, the pressure increased under the ounce. At the time of writing, the dollar was trading at 16.37.

At the time of writing, the gold prices were as follows:

  • Gram gold: 975 TL
  • Ounce gold: 1854 dollars
  • Quarter gold: 1607 TL
  • Half gold: 3215 TL

The upward trend in exchange rates continues. The dollar saw 16.46 yesterday. At the time of writing, it was at the level of 16.37 TL. The euro was traded at 17.60 liras.

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